Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026)

Taylor Morrison Home's (TMHC) quarterly Operating Expenses came in at $148.8 million in Q1 2026, down 15.73% year-on-year from $176.6 million in Q1 2025, and down 23.52% quarter-over-quarter from $194.6 million in Q4 2025.

Taylor Morrison Home (TMHC) Operating Expenses (2012 - 2026) Analysis & Trends

Taylor Morrison Home's Operating Expenses history runs 15 years deep, the most recent figure standing at $148.8 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 15.73% year-over-year to $148.8 million in Q1 2026; TTM through Mar 2026 was $707.2 million, a 8.98% decrease from a year earlier, with the FY2025 full-year figure at $735.0 million, down 4.61% from the prior year.
  • Operating Expenses slipped to $148.8 million in Q1 2026 per TMHC's latest filing, from $194.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $204.3 million in Q4 2024 and bottomed at -$106.6 million in Q4 2022.
  • The 5-year median for Operating Expenses is $176.6 million (2025), against an average of $159.8 million.
  • Across the five-year window, Operating Expenses tumbled 157.41% in 2022 and soared 276.57% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at -$106.6 million in 2022, then surged by 276.57% to $188.2 million in 2023, then gained by 8.53% to $204.3 million in 2024, then retreated by 4.72% to $194.6 million in 2025, then decreased by 23.52% to $148.8 million in 2026.
  • Per Business Quant, the three latest TMHC Operating Expenses figures stand at $148.8 million (Q1 2026), $194.6 million (Q4 2025), and $180.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 991.20 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 382.97 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 7.54 Bn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 156.97 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 258.25 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 148.85 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 154.70 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 130.87 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 109.73 Mn
10 M 4.43 Bn 3.66 Bn 202.59 Mn 831.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 148.85 Mn
Dec 31, 2025 194.62 Mn
Sep 30, 2025 180.70 Mn
Jun 30, 2025 183.04 Mn
Mar 31, 2025 176.62 Mn
Dec 31, 2024 204.26 Mn
Sep 30, 2024 199.34 Mn
Jun 30, 2024 196.74 Mn
Mar 31, 2024 170.16 Mn
Dec 31, 2023 188.21 Mn
Sep 30, 2023 167.79 Mn
Jun 30, 2023 183.68 Mn
Mar 31, 2023 159.02 Mn
Dec 31, 2022 -106.59 Mn
Sep 30, 2022 147.05 Mn
Jun 30, 2022 165.54 Mn
Mar 31, 2022 157.27 Mn
Dec 31, 2021 185.67 Mn
Sep 30, 2021 167.61 Mn
Jun 30, 2021 167.56 Mn